How’s Life?
Alexander Barkawi | 22 January 2018
Fiscal,
Monetary,
Trade,
Publications | Tags:
Environment,
Inequality In November, the OECD published its most recent report on a short but fundamental question: How’s Life? Income is an important, but not the only factor in determining the answer. The OECD reflects this by going beyond the focus on GDP, that has for long
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Fighting Poverty with Taxes
Patricia K. Tong | 21 November 2017
Fiscal,
Blog | Tags:
Inequality,
Poverty,
Tax Expenditures One way the U.S. federal income tax system provides low-income families with financial support is through refundable tax credits. Families can claim refundable tax credits even if they do not owe any tax liability, which allows families with the lowest incomes to receive benefits.
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Fiscal Policy and Informality
Agustin Redonda | 1 September 2017
Fiscal,
Blog | Tags:
Inequality,
Pensions,
Tax Expenditures Countries differ from each other in several aspects that need to be considered when designing fiscal policy. The size of the informal sector is a case in point.
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Measuring Tax Expenditures in Developing Countries: What is the Role of the G20?
Magalí Brosio | 26 May 2017
Fiscal,
Blog | Tags:
Inequality,
Tax Competition,
Tax Expenditures For many countries in the developing world, tax exemptions are considered a crucial instrument for stimulating private local investment and, mainly, attracting foreign direct investment (FDI) inflows. According to the point of view that promotes tax expenditures as a convenient tool for achieving these goals,
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Monetary Policy, Macroprudential Regulation and Inequality
Pierre Monnin | 12 April 2017
Monetary,
Discussion Notes | Tags:
Inequality,
Interest Rates,
Macroprudential Policy The 2008 global financial crisis profoundly changed the role of central banks in the economy. First, central banks engaged in strong expansionary monetary policy, using new unconventional tools to boost economic activity. Second, they were key to containing financial instability, which led them to implement
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Inequality Should Matter for Central Banks
Liviu Voinea and
Pierre Monnin | 16 February 2017
Monetary,
Blog | Tags:
Central Banks,
Inequality,
Quantitative Easing Central bankers have long been discreet about the links between monetary policy and inequality. They justify this reserve by the fact that their mandates do not charge them with addressing inequality and they generally argue that by providing price stability, central banks maintain the existing
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Pension Tax Expenditures. A Costly Christmas Gift … Not From Santa
Agustin Redonda | 4 January 2017
Fiscal,
Blog | Tags:
Fiscal,
Inequality,
Pensions,
Tax Expenditures For people living in Switzerland, December 31 was the last day for 2016 contributions into their Pillar 3a retirement accounts – and hence for taking advantage of the exemption from income tax that these payments benefit from. The scheme is one of many examples from
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Tax Expenditures and Sustainability. An Overview
Agustin Redonda | 11 November 2016
Fiscal,
Discussion Notes | Tags:
Employment,
Energy,
Fossil Fuel Subsidies,
Health,
Housing,
Inequality,
Innovation,
Patent Boxes,
Pensions,
Tax Expenditures,
VAT Fiscal policy has significant effects on a broad sustainability agenda covering long-term economic, social and environmental goals. However, whereas a myriad of actors scrutinize taxation as well as direct government spending with regard to their impact on sustainability, a key feature of fiscal policy has
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